MLCC market potential From the perspective of MLCC demand, according to data released by the China Electronic Components Industry Association, the global MLCC market size in 2018 was approximately US $ 15.750 billion. In 2019, the global MLCC market size is expected to reach US $ 15.840 billion. By 2023, it is expected to be Reached USD 18.19 billion.
At present, China has become one of the world’s major consumer electronics production bases, and has become the world’s largest producer and consumer of ceramic capacitors. As the world’s leading MLCC manufacturer, Murata and Samsung Electric in Japan will expand production in mainland China. Among them, Samsung Electric will invest in the construction of an MLCC plant for automobiles in the Tianjin Development Zone. The project is expected to be fully operational in 2020; Murata of Japan plans to build a new MLCC plant in Wuxi.
In terms of the size of the Chinese MLCC market, according to data released by the China Electronic Components Industry Association, the market size of the Chinese MLCC industry in 2018 was approximately 43.420 billion yuan. With 533.5 billion yuan, China’s MLCC industry will continue to expand.
With the change in customer demand, MLCC，a consumer electronics product with in the MLCC market potential, has gradually shifted to miniaturization and high capacity. The 0.4 × 0.2mm size MLCC has been used in the iPhone, and ultra-small MLCC will become mainstream in the future consumer electronics market.
The range of MLCC models for vehicles is very wide (from 1.0 × 0.5mm to 5.7 × 5.0mm), and its life and reliability are also higher (15-20 years), and the added value of the product is higher. The trend of major MLCC manufacturers (Murata, Samsung Electric, Taiyo Yuden, TDK Corporation) gradually shifting to high-value-added MLCCs for automobiles has become increasingly apparent.
